Each quarter we have supplied our clients brief comments about the economy, the markets and our thinking about both. We assemble these comments after we have had an opportunity to review the last quarter’s events, and consider their ramifications going forward. As they are a snapshot in time, these comments can become dated quickly, andRead more about First Quarter 2017 and Second Quarter Outlook[…]

The stock market has been on an impressive run as of late, continuing to hit new highs, highs that are met with praise by some investors, and anxiety by others. The S&P 500 gained 8% from the election through the end of the year, and another 5% from the start of the year until mid-April.Read more about Making Some Sense of the “Trump Bump”[…]

Each quarter we have supplied our clients brief comments about the economy, the markets and our thinking about both. We assemble these comments after we have had an opportunity to review the last quarter’s events, and consider their ramifications going forward. As they are a snapshot in time, these comments can become dated quickly, andRead more about Fourth Quarter 2016 and 2017 Outlook[…]

US stock markets recovering from the shock of Brexit enjoyed healthy returns in the third quarter (S&P 500 +3.9%). International stocks performed even better, with the MSCI EAFE index (foreign developed countries) returning 6.4% and the MSCI Emerging Markets index returning 9.2%. The Barclay US Bond Aggregate had a small positive return of 0.5%. GlobalRead more about Third Quarter 2016 Comments[…]

Mr. Hadden, a former Goldman partner, was one of the most profitable bond traders on Wall Street.” “But there was more to his story than just stellar financial results. He had left his previous employer, Goldman Sachs, after questions about his trading activity. And now, Mr. Hadden is under investigation over his trading in Treasury futures while atRead more about Trader at Morgan Stanley Faces Inquiry on Possible Manipulation[…]

The following opinion piece appeared in the Indianapolis Star on Sunday, October 9th, 2016. Matt Will, an associate professor of finance at the University of Indianapolis, writing in the Indianapolis Star in June, referred to recent trends in disposable per capita income to argue that the Indiana economy is running on all cylinders.[1] As aRead more about Opinion Piece: Are Hoosiers Doing Well?[…]

Despite a significant dip following Britain’s vote to exit the European Union (“Brexit”), the second quarter of 2016 saw healthy gains in most major asset classes, with the S&P 500 up 2.5%, the MSCI Emerging Market Index up 0.8%, and the US Aggregate Bond index up 2.2%. The only major index with a loss was theRead more about Second Quarter 2016 Comments[…]

Last month we completed our very first survey of client satisfaction, with surveys sent to all clients who have assets under account management with C.H. Douglas & Gray Wealth Management. Of 88 households, 52 returned surveys, both under their names and anonymously. We encouraged as many of our clients to return surveys as we possiblyRead more about CHDG’s June 2016 Client Satisfaction Survey: Results[…]

On May 27th, 2016, the Office of the Secretary of State conducted a routine examination of C.H. Douglas & Gray Wealth Management. The office examined our financial records, office systems, and management controls and procedures. Further, the examiner selected 10 clients at random for closer inspection, obtaining copies of their contracts, investment policy statements, performanceRead more about Results of Routine Secretary of State Examination of CHDG[…]